Quartzite Price in South Africa - 2023

Contents:

1. Quartzite Price in South Africa (CIF) - 2022
2. Quartzite Price in South Africa (FOB) - 2022
3. Quartzite Imports in South Africa
4. Quartzite Exports in South Africa

Quartzite Price in South Africa (CIF) - 2022

The average quartzite import price stood at $522 per ton in 2022, growing by 34% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 42%. Over the period under review, average import prices attained the maximum at $684 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.6% per year.

Quartzite Price in South Africa (FOB) - 2022

The average quartzite export price stood at $1,413 per ton in 2022, jumping by 181% against the previous year. Overall, the export price continues to indicate a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($1,829 per ton), while the average price for exports to Mozambique ($164 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.

Quartzite Imports in South Africa

In 2022, overseas purchases of quartzite decreased by -50.4% to 104 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 302% against the previous year. As a result, imports reached the peak of 209 tons, and then contracted rapidly in the following year.

In value terms, quartzite imports shrank sharply to $54K in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 341%. As a result, imports attained the peak of $81K, and then contracted rapidly in the following year.

Top Suppliers of Quartzite to South Africa in 2022:

1. China (102.2 tons)

Quartzite Exports in South Africa

In 2022, the amount of quartzite exported from South Africa soared to 256 tons, with an increase of 63% compared with 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 396%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, quartzite exports skyrocketed to $362K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,022%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Quartzite from South Africa in 2022:

1. China (202.3 tons)
2. Zimbabwe (17.5 tons)
3. Swaziland (14.6 tons)
4. Botswana (11.5 tons)
5. Lesotho (4.3 tons)
6. Mozambique (3.8 tons)
7. Zambia (0.3 tons)

Source: IndexBox Market Intelligence Platform